As cases of banking fraud are constantly increasing, steps are being taken by the Reserve Bank of India to stop it. RBI has issued a series of two special numbers to stop bank scams.
RBI on Bank Phone Number: The way banking fraud cases are constantly increasing, steps are being taken by the Reserve Bank of India to stop it. RBI has issued a series of two special numbers to stop bank scams. Under the new rule, now phone calls from banks will come from only two numbers.
Now bank phone calls will come only from these two numbers
The Reserve Bank has issued two numbers. Bank phone calls will now come from these two numbers only. Banks will use both these numbers for transactions and marketing calls to customers. These numbers will start with 1600 and 140. From now on, only these two numbers can be used for related calls from banks. For sending SMS or marketing calls, the phone number will start with 140 number series, while for transaction related calls, phone numbers with 1600 series will be issued. That is, now you can guess by looking at the number whether the call is from the bank or it is a spam call. With this decision of RBI, now the problems of people can be reduced due to fraud and promotional calls in the name of banking. It will help in preventing banking fraud.
Remember these two numbers
RBI has asked banks and financial institutions to start 2 dedicated phone number series for transactions and marketing calls. According to this rule, the phone numbers for calls coming from banks for banking transactions or marketing will start with 1600, while for marketing calls and SMS, the numbers will start with 140, seeing which people will easily guess whether the call is from the bank or from a fraud. You can decide to receive the call by looking at the number. Otherwise people are unable to understand and fall into the trap of fraud. That is, if a phone call is coming from a number starting with 140, then you will understand that it is a promotional call for services like personal loan, credit card or insurance.